Fact sheet: L&G IPJPMrgnDvrsfdEq Pn

Fund information
Fund name
L&G IP JPMorgan Diversified Equity Pn G17 SH
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • John Stainsbysince 19/03/2001
Underlying fund
JPM Life Diversified Equity
Fund objective
The JPMorgan Life Diversified Equity Fund (the ‘Fund’) is a pooled life fund for pension schemes investing primarily in global equities and global property securities through other JPM funds. The Fund seeks to achieve excess return through fund selection, as well as regional and country allocation. The Fund may invest in funds which use derivatives for investment purposes. It may also use derivatives for efficient portfolio management or reduction of investment risk. The Fund is well diversified, and under normal circumstances is fully invested, with cash holdings kept to a minimum.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
33.7%
1 Year rank in sector
527/965
Sector
PN Global Equities
Yield
-
Fund size
£59m (£53m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
91
Bid price
341
Offer price
341
Top in this sector
Fund name1 Year
Stan Life M&G Global Dividend Pn57.5%
OMW IPL M&G Global Dividend Pn56.2%
LV= M&G Global Div Pn56.1%
RLP M&G Global Dividend Pn56%
AXA Wealth M&G Global Div Pn56%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • North America33.4%
    UK29.7%
    Global Emerging Markets13.5%
    Europe ex UK8.1%
    Not Specified6.3%
  • No data available.
  • North American Equities33.4%
    UK Equities29.7%
    Global Emerging Market Equities13.5%
    Europe ex UK Equities8.1%
    Property Shares6.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5%6.5%15.9%33.7%43.5%107.8%
Sector4.3%4.7%13.3%32.9%39.1%84.6%
Rank within sector246 / 1043191 / 1036295 / 1030527 / 965329 / 851120 / 752
Quartile1st1st2nd3rd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund3.8%20.2%6.1%10%25.8%
Sector2.8%22.4%3.7%7.8%21.4%
Rank within sector208 / 1043665 / 962220 / 920233 / 848164 / 819
Quartile1st3rd1st2nd1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
1.4
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.95
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.86
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.83
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.87
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.44
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.97
Price movement
52 week high338
52 week low238.9
Current bid price341
Current offer price341
Current mid price-
Region
1North America33.4%
2UK29.7%
3Global Emerging Markets13.5%
4Europe ex UK8.1%
5Not Specified6.3%
6Japan5.1%
7Pacific ex-Japan1.9%
8Canada1.8%
9Money Market0.2%
Industry sector
No data available.
Asset type
1North American Equities33.4%
2UK Equities29.7%
3Global Emerging Market Equities13.5%
4Europe ex UK Equities8.1%
5Property Shares6.3%
6Japanese Equities5.1%
7Asia Pacific ex Japan Equities1.9%
8Canadian Equities1.8%
9Money Market0.2%
Individual holdings
1JPM US EQUITY ALL CAP FUND19.9%
2JPM US SELECT EQUITY PLUS A DIS NAV GBP15.2%
3JPM EUROPE RESEARCH ENHANCED INDEX EQUITY FUND (FUND)12.5%
4JPM ASIA PACIFIC EQUITY FUND7.6%
5JPM UK EQUITY PLUS FUND7.6%
6JPM LIFE UK DYNAMIC FUND (FUND)7.3%
7JPM LIFE ALLEMERGING MARKETS EQUITY FUND7%
8JPM LIFE UK RESEARCH ENHANCED INDEX EQUITY FUND (FUND)6.6%
9JPM GLOBAL PROPERTY SECURITIES FUND6.2%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The JPMorgan Life Diversified Equity Fund (the ‘Fund’) is a pooled life fund for pension schemes investing primarily in global equities and global property securities through other JPM funds. The Fund seeks to achieve excess return through fund selection, as well as regional and country allocation. The Fund may invest in funds which use derivatives for investment purposes. It may also use derivatives for efficient portfolio management or reduction of investment risk. The Fund is well diversified, and under normal circumstances is fully invested, with cash holdings kept to a minimum.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
John Stainsby19/03/2001John Stainsby is a managing director and a client portfolio manager for global equities. An employee since 1999, John previously spent four years as director and head of the London office of Lloyd George Management, a specialist manager of Asian and Emerging Market portfolios. Prior to this he spent 12 years with Schroder Investment Management, working in London, New York and Singapore managing international equity portfolios for institutional clients. John obtained a B.Sc. in mathematics from the University of Manchester and is an Associate of the Institute of Investment Management and Research.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G IP JPMorgan Diversified Equity Pn G17 SH
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price341
Offer price341
Mid price-
CurrencyGBX
Price updated16/01/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeLA30
L&G IP JPMorgan Diversified Equity Pn G17 SH Inet
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price291.9
Offer price291.9
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL415
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.